TradeStation Securities Enables Trading of Micro Ether Futures Contracts Through CME Group

TradeStation Securities, Inc. (TradeStation Securities), a self-clearing online brokerage for trading stocks, ETFs, options and futures, announced on Monday that it has enabled its futures clients to trade Micro Ether futures contracts through CME Group.

With the new addition, TradeStation Securities has expanded its suite of CME crypto and micro futures products as part of its commitment to providing traders and investors access to new products.

Also supported by TradeStation Securities, CME Group first launched Ether futures in February 2021. Since then, the notional value of Ether has appreciated, causing the amount of capital needed to access the futures market to significantly increase. Sized at one-tenth of one Ether and 1/500 the size of one Ether futures contract, Micro Ether futures provide a way for traders to manage Ether price risk and add diversification.

"Lowering the barrier of entry increases access for retail traders seeking to gain exposure to Ether and manage risk. Following the transition to Ethereum 2.0 earlier this year, which is designed to enhance the speed, efficiency, and scalability of the Ethereum network, we believe that demand in Ether-based futures products may grow," said John Bartleman, President of TradeStation Group, Inc. "We were day one supporters of CME's Ether futures product, and we're looking forward to our continued relationship that allows us to enable our clients to access cryptocurrency trading opportunities through futures trading."

The broker's futures clients are able to trade Micro Ether futures through the TradeStation Desktop Platform, Web and mobile. Both desktop and mobile platforms deliver advanced visualization and analysis tools.

Last month, Fazzaco reported that TradeStation would go public through a merger​ with Quantum FinTech Acquisition Corporation, an American special-purpose acquisition company (SPAC).